Don't know honestly. When I read the news, court filings, and the overall condition of manufacturing, I get the sense DANA is being restructured (and salvaged) w/ a purpose in mind. The recovery is well planned, throughly documented, and legally sound. Whoever has done all of it has seriously done their homework.
THEN the new mgt gets announced -- pros from the industry. The new guy in the latest new is a finance expert and has some dealing w/ mergers. Thus I just thought: "Hmm. If I were to sell myself after restructuring and BK, who would I hire?". Well, this guy is one I'd look at for sure.
But if Tata bought any of the three, they'd have a good entry into the US. But if they got all three, wow. Talk about MAJOR competition in the US...
